Check out the trading strategies for buzzing stocks of the day with Navneet Daga, derivative analyst, KR Choksey Securities
Smartinvestor : The Nifty crossed the 6,200 mark in trade today. Do you think that the markets will be able to sustain at these levels? What are the key Nifty levels you are keeping a tab on?
Navneet Daga : Well last time we discussed about the breakout level of 6100 now its possible for markets to climb towards 6300 zone. Since its an over streached zone there would be bouts of correction but these intraday sort of correction need to be bought until 6090 levels is maintained.
Smartinvestor : Can you suggest three Nifty stocks that can be bought at the current levels from a 15-day perspective?
Navneet Daga : For short term tata motors, maruti, DLF, HCL tech and Jpassociate is best placed to an short term upmove, among the nifty pack.
Smartinvestor : How do ITC, Bajaj Auto and Dr Reddy's Labs look as per the F&O data. All these heavyweights announced their respective March quarter nos last week.
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